Settings8H · net · $10k
Funding arb · Price arb /

NFLX

RWAall NFLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0092%/8h= +10.1% APRnext payment +$0.92 per $10,000 · paid last 24h +0.004%
Price spread now: Bitget against Gate−0.095%7-day average +0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1051.046% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.004%$0 on $10k
Price spread, last 7 days+0.106%+$11 · spread now −0.095%, 7d avg +0.035%
Together, before fees+0.109%+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.130% cheaper against Gate than usual: you would sell low and buy high (spread −0.095% now, against its 7-day average of +0.035%). If the spread goes back, that is −$13 on $10k: about 4.7 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.004% in total) that is about 8 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NFLX_USDT73.5600get 0.0000% / 8h2m 51s$1.3M$1.2M25x
ShortBitget NFLXUSDT73.4900.0092get 0.0092% / 8h2m 51s$4.3M$689K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$19.32
Price spread: −0.095% → +0.035%
−$13
Slippage, 4 orders
−$77.55
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$98.23
Costs to cover
1.046%
Break-even
42.6 days
Slippage from Gate: live order book, 4 min ago; Bitget: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 4 min ago6.80 bp14.3 bp −$14146.2 bp −$1,462doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago8.16 bp17.4 bp −$1729.9 bp −$299doesn't fitdoesn't fit

NFLX on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NFLXUSDT0.0000%8h73.452−0.147%$11K$5K20xas long as short
OKX NFLX-USDT-SWAP0.0000%8h73.520−0.054%$885K$1.0M20xas long as short
QFEX NFLX-USD0.0000%1h73.450−0.150%$1.1M$1.5M10xas long as short
Gate NFLX_USDTlong0.0000%8h73.560long leg$1.3M$1.2M25x
SunX NFLX-USDT0.0000%8h73.513−0.064%$2K$5.0M10xas long as short
HTX NFLX-USDT0.0000%8h73.464−0.131%$10K$52K20xas long as short
Phemex NFLXUSDT0.0000%8h73.510−0.068%$1.4M$335K10xas long as short
Vest NFLX-USD-PERP+0.0046%1h73.430−0.177%$21K25xas long as short
Extended NFLX-USD+0.0048%1h73.413−0.201%$16K$29K10xas long as short
tradeXYZ xyz:NFLX+0.0050%1h73.416−0.196%$5.0M$3.0M10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps NFLX-USD.P+0.0050%1h73.450−0.150%$66K$196K10xas long as short
Bitget NFLXUSDTshort+0.0092%8h73.490−0.095%$4.3M$689K50x
KuCoin NFLXUSDTM+0.0100%8h73.450−0.150%$152K$37K20xas long as short
Aevo NFLX-PERP+0.0104%1h73.513−0.063%$22510xas long as short
Phoenix NFLX+0.0207%1h73.461−0.135%$12K$77K10xas long as short
Variational Omni NFLX+0.0213%8h73.515−0.061%$94K$139Kas long as short
Injective NFLX/USDC PERP+0.0220%1h77.810+5.778%$87K$68K12xas long as short
Binance NFLXUSDT+0.0221%8h73.523−0.051%$5.4M$5.5M20xas long as short
GRVT NFLX_USDT_Perp+0.0304%8h73.520−0.054%$608$156K10xas long as short
BloFin NFLX-USDT+0.0368%8h73.520−0.054%$46K$82K20xas long as short
Bybit NFLXUSDT+0.0423%8h73.550−0.014%$1.3M$967K50xas long as short